you cut into state and local governments. you cut into a whole bunch of home mortgage. >> what about the buffett proposal? >> the buffett proposal is a great idea. the buffett proposal is a kind of no-brainer. >> how much does it raise? >> $160 billion over ten years. it's a piece of the puzzle. i don't think they believe honestly that the math works to get to $1.2 trillion. >> let's also talk about the reality of leadership, where it's working and where it's not. the president did campaign on raising rates, he won the election. he can say i ran on this. he's still running on that, effectively. what he's not -- if he spent as much time on saying we have a spending problem and here's how we'll attack it, explaining the spending caps passed last year, nobody knows what's in that, as he does about #my2k on twitter. i don't think we're seeing that right now. >> to your point, the president was criticized for passing on taxes in the rich in the past. i think it's a fair line in the sand to draw. but having said that, when you have